Menu
Policy and Terms What is InvestinGoal

InvestinGoal » Best Online Brokers » Compare Brokers » Oanda vs XTB

Oanda vs XTB: Comparison and Analysis

Written by Filippo Ucchino Fact-Checked by Luca Puddu Publication Date Last Updated
Our verdict · CFD/FX trading

Oanda is better than XTB for CFD trading by a small margin, because it has a lower EUR/USD cost (5.85 USD per lot against 10.60 USD), MetaTrader 4, MetaTrader 5 and TradingView, and it has faster withdrawals (2 days against 3 days). Oanda allows expert advisors, VPS and API access, which XTB does not offer. Unlike Oanda, XTB offers ETFs and micro accounts. Oanda is regulated by the KNF, the FCA, ASIC, CIRO and the JFSA, with an offshore company regulated by the FSC (British Virgin Islands), while XTB is regulated by CySEC, the KNF, the FCA and the DFSA. Oanda and XTB both ask for no minimum deposit and offer a demo account. Crypto CFDs are offered by both except at their UK companies. Oanda offers 1 account base currency, except at its Australian company (9 currencies), while XTB offers 3, except at its UAE company (1 currency).

Our verdict · Real stock investing

Oanda and XTB are two good brokers for long-term investing. However, Oanda is the better choice if you are looking for MetaTrader 4, MetaTrader 5, TradingView and futures, while XTB is better because it has micro accounts and a smartwatch app. Withdrawals take 2 days at Oanda, against 3 days at XTB. Oanda is regulated by the KNF, the FCA, ASIC, CIRO and the JFSA, with an offshore company regulated by the FSC (British Virgin Islands). XTB is regulated by CySEC, the KNF, the FCA and the DFSA. Oanda and XTB both charge no fees on US stocks, ask for no minimum deposit and offer a demo account. XTB offers 3 account base currencies, except at its UAE company (1 currency), while Oanda offers 1, except at its Australian company (9 currencies).

Scores, winners and data below compare these brokers as CFD/FX brokers (leveraged trading on forex, indices, commodities and crypto), using the data of Oanda's Poland entity and XTB's Cyprus entity. Scores, winners and data below compare these brokers as stock brokers (real shares and ETFs you own outright), using the data of Oanda's Poland entity and XTB's Cyprus entity.

Best overall

Oanda

CFDCFD Oanda offers CFD trading: leveraged contracts that follow the price of an asset without owning it. Switch the comparison to CFD/FX to rate it on that. FXFX Oanda offers forex trading: currency pairs such as EUR/USD, traded with leverage. Forex is rated together with CFDs, on the CFD/FX side. StocksStocks Oanda lets you buy real assets that you own outright. Switch the comparison to Stocks to rate it on that.
Oanda review ›
82CFD/FXOverall score Oanda scores 82/100 for CFD/FX trading. The overall score is calculated from the data in this comparison across 12 areas. 77StocksOverall score Oanda scores 77/100 for stock investing. The overall score is calculated from the data in this comparison across 12 areas.
Open Account

76.6% of retail investor accounts lose money when trading CFDs with this provider.

XTB

CFDCFD XTB offers CFD trading: leveraged contracts that follow the price of an asset without owning it. Switch the comparison to CFD/FX to rate it on that. FXFX XTB offers forex trading: currency pairs such as EUR/USD, traded with leverage. Forex is rated together with CFDs, on the CFD/FX side. StocksStocks XTB lets you buy real assets that you own outright. Switch the comparison to Stocks to rate it on that.
XTB review ›
77CFD/FXOverall score XTB scores 77/100 for CFD/FX trading. The overall score is calculated from the data in this comparison across 12 areas. 77StocksOverall score XTB scores 77/100 for stock investing. The overall score is calculated from the data in this comparison across 12 areas.
Open Account

77% of retail investor accounts lose money when trading CFDs with this provider.

Best for

What we compare A comparison of the kinds of traders Oanda and XTB are best suited to, based on what each one actually offers in .
1 / 12

Oanda is better than XTB for professional traders, algo traders and futures traders. Long-term investors, scalpers and swing traders can choose either Oanda or XTB.

Best for
Overall score Oanda 82 Best 77 XTB 77 -5 77
Day trading i
Long-term investing i
Professional traders i
High-volume traders i
Scalpers i
Swing traders i
News traders i
Algo traders i
Stock traders i
Crypto traders i
Futures traders i
Options traders i

Regulation

What we compare A comparison between the financial authorities that supervise Oanda and the ones that supervise XTB.
2 / 12

Oanda and XTB are both regulated by top-tier authorities, Oanda by KNF, ASIC (Australia) and the CFTC (United States) and XTB by CySEC, KNF and the FCA (United Kingdom).

Regulation
Section score Oanda 100 100 XTB 100 100
Tier-1 regulators
ESMA (European Union) i KNF (Poland) CySEC (Cyprus)
FCA (United Kingdom) i
ASIC (Australia) i
CFTC (United States) i
NFA (United States) i
SEC (United States) i
CIRO (Canada) i
MAS (Singapore) i
SFC (Hong Kong) i
JFSA (Japan) i
FINMA (Switzerland) i
Tier-2 regulators
FMA (New Zealand) i
CBR (Russia) i
FSCA (South Africa) i
DFSA (Dubai) i
CSRC (China) i
ISA (Israel) i
LFSA (Malaysia) i
JSC (Jordan) i
CMA (Kenya) i
Tier-3 regulators
FSA (Seychelles) i
MMA (Maldives) i
SCB (Bahamas) i
FSC (Mauritius) i
VFSC (Vanuatu) i
FSC (Belize) i
CIMA (Cayman Islands) i
SV FSA (Saint Vincent and the Grenadines) i
FSRC (St. Kitts & Nevis) i
BMA (Bermuda) i
BVI FSC (British Virgin Islands) i
EDR (External Dispute Resolution) i

Safety

What we compare A comparison of the tools and services that Oanda and XTB have in place to protect your money in .
3 / 12

Oanda and XTB both offer segregated client funds and an investor compensation scheme.

Safety
Section score Oanda 79 -7 79 -7 XTB 86 Best 86 Best
Company info
Is it publicly traded i
Is it a bank i
Year founded i 1996 2002
Parent company i OANDA Group XTB S.A.
CEO i Gavin Bambury Omar Arnaout
Money safety
Segregated client funds i
Two-factor authentication i
Investor compensation scheme i
Additional money insurance i
Partner bank i mBank N/A
Brand power
Number of customers worldwide i 1,600,000
Annual revenue i USD 16,900,000 USD 260,000,000
Monthly website search traffic i

Costs

What we compare A comparison of what it costs to trade with Oanda and with XTB in , both on each trade and on holding the account.
4 / 12

Oanda is better than XTB for CFD/FX costs, because Oanda is cheaper on EUR/USD, at 5.85 USD per lot (against XTB's 10.6 USD), has tighter gold CFD spreads, at 0.56 points (against XTB's 0.89 points), and charges lower Bitcoin CFD fees, at 62.1 USD (against XTB's 205.25 USD). Neither Oanda nor XTB charges account maintenance fees or deposit fees.

XTB is better than Oanda for real stock costs, given that XTB does not charge ETF fees (against Oanda's 2 USD). Neither Oanda nor XTB charges account maintenance fees or deposit fees.

Costs
Section score Oanda 72 Best 67 -15 XTB 53 -19 82 Best
Broker fees
Deposit fees i
Withdrawal fees i
Overnight fees i
Inactivity fees i
Currency conversion fees i
Discounts on volume i
Real time market data fee i
Dividend withholding i
Account opening fees i
Account maintenance fee i
Portfolio management fee i
Fees on CFDs
Forex commission per lot i FreeAbout this value. This is the forex commission per lot at OANDA TMS Brokers S.A. (KNF). At Oanda's other companies: Free (Canada, the UK, other accepted countries, Japan), USD 3 (Australia). Free
EUR/USD average standard spread i
1.07 pips
1.06 pips
EUR/USD average raw spread i
0.1 pips
EUR/USD average fixed spread i
EUR/USD total cost per lot i USD 5.85 USD 10.6
S&P 500 fees (CFD) i 0.7 points 0.59 points
Gold fees (CFD) i 0.56 points 0.89 points
Bitcoin fees (CFD) i USD 62.1 USD 205.25
US stocks fees (CFD) i USD 0.06 Free
Fees on stocks
Stock fee type i Percentage, Free Free, Percentage
US stocks fees (real) i Free Free
ETF fees (real) i USD 2 Free
Management costs i
Connection costs i
Fees on futures
Futures fees per contract i
Platform fees i
Fees on options
Options fees per contract i Free
Event fees i
Fees on savings plans
IRA opening fee i
IRA maintenance fee i
401k opening fee i
401k maintenance fee i

Available markets

What we compare A comparison of the markets and products you can trade with Oanda and with XTB in , and of how many instruments each one gives access to.
5 / 12

Oanda is better than XTB for CFD/FX markets, because Oanda offers futures on crypto and forex, which XTB does not. Both Oanda and XTB offer CFDs on commodities, crypto, forex, indices and stocks, and let you own stocks and ETFs outright.

Oanda is better than XTB for real stock markets, because Oanda offers futures on crypto and forex, which XTB does not. Both Oanda and XTB let you own stocks and ETFs outright, and offer CFDs on commodities, crypto, forex, indices and stocks.

Available markets
Section score Oanda 100 Best 60 Best XTB 75 -25 30 -30
Total tradable symbols i 1,500 5,200
Currency pairs i
Indices i
Commodities i
Stocks i
ETF i
Cryptocurrencies i
Bonds i
Interest rates i
Portfolios i
CFDs i Commodities, Crypto, Forex, Indices, Stocks Commodities, Crypto, ETF, Forex, Indices, Stocks
Futures i Crypto, Forex
Options i
Assets you can own i Stocks, ETF ETF, Stocks

Platform

What we compare A comparison of the trading platforms that Oanda and XTB make available to their clients in .
6 / 12

Oanda is better than XTB for platforms, given that Oanda offers MetaTrader 5, MetaTrader 4 and TradingView, which XTB does not. Both Oanda and XTB offer a proprietary platform and one-click trading.

Platform
Section score Oanda 91 Best 91 Best XTB 75 -16 75 -16
Proprietary platform i
MetaTrader 4 i
MetaTrader 5 i
cTrader i
Social trading platform i
Copy trading platform i
ZuluTrade i
TradingView i
Duplitrade i
Mirror Trader i
NinjaTrader i
AutoChartist i
Real time pricing i
5 digit pricing i
One-click trading i

Mobile

What we compare A comparison of the mobile apps of Oanda and XTB in , and of what each one lets you do from your phone.
7 / 12

Oanda is better than XTB for mobile trading, because Oanda offers the MetaTrader 5 app, the MetaTrader 4 app and mobile charting tools, which XTB does not. Both Oanda and XTB offer a proprietary mobile app and mobile price alerts.

Mobile
Section score Oanda 86 Best 86 Best XTB 67 -19 67 -19
Proprietary app i
Social trading app i
Copy trading app i
MetaTrader 4 app i
MetaTrader 5 app i
cTrader app i
Mobile trading signals i
Mobile alerts i
Mobile charting tools i
Mobile drawing tools i
Mobile watchlist i
Smartwatch app i

Trading features

What we compare A comparison of the trading tools and strategies that Oanda and XTB allow on their platforms in .
8 / 12

Oanda is better than XTB for CFD/FX trading features, given that Oanda offers tier-1 liquidity providers and VPS hosting, which XTB does not, and allows for automated trading. Oanda and XTB both offer negative balance protection and trailing stops.

Oanda and XTB are equally good for real stock trading features, as Oanda offers tier-1 liquidity providers, and allows for automated trading. On the other hand, XTB offers fractional shares. Oanda and XTB both offer trailing stops.

Trading features
Section score Oanda 83 Best 77 XTB 67 -16 76 -1
Trade execution
Broker type i Agency NDD
Average execution time i 440 ms
Slippage occurrence i 28.05%
Requotes occurrence i
Tier-1 liquidity providers i
PFOF i
Leverage
Major FX pairs leverage i 30:1About this value. This is the major fx pairs leverage at OANDA TMS Brokers S.A. (KNF). At Oanda's other companies: 50:1 (Canada), 30:1 (Australia, the UK), 888:1 (other accepted countries), 25:1 (Japan). 30:1
Minor/Exotic FX pairs leverage i 20:1About this value. This is the minor/exotic fx pairs leverage at OANDA TMS Brokers S.A. (KNF). At Oanda's other companies: 33:1 (Canada), 20:1 (Australia, the UK), 888:1 (other accepted countries), 25:1 (Japan). 20:1
Major indices leverage i 20:1About this value. This is the major indices leverage at OANDA TMS Brokers S.A. (KNF). At Oanda's other companies: 10:1 (Canada, Japan), 20:1 (Australia, the UK), 888:1 (other accepted countries). 20:1
Minor indices leverage i 10:1About this value. This is the minor indices leverage at OANDA TMS Brokers S.A. (KNF). At Oanda's other companies: 10:1 (Canada, Australia, the UK, Japan), 200:1 (other accepted countries). 10:1
Gold leverage i 20:1About this value. This is the gold leverage at OANDA TMS Brokers S.A. (KNF). At Oanda's other companies: 5:1 (Canada), 20:1 (Australia, the UK, Japan), 888:1 (other accepted countries). 20:1
Commodities leverage i 10:1About this value. This is the commodities leverage at OANDA TMS Brokers S.A. (KNF). At Oanda's other companies: 17:1 (Canada), 10:1 (Australia, the UK), 100:1 (other accepted countries), 20:1 (Japan). 10:1
Equities leverage i 5:1About this value. This is the equities leverage at OANDA TMS Brokers S.A. (KNF). At Oanda's other companies: 5:1 (Australia, the UK), 20:1 (other accepted countries). 5:1
Cryptocurrency leverage i 2:1About this value. This is the cryptocurrency leverage at OANDA TMS Brokers S.A. (KNF). At Oanda's other companies: 2:1 (Australia), 10:1 (other accepted countries). 2:1
Risk management
Stop losses i
Take profits i
Limit orders i
Trailing stop i
Margin call i
OCO orders i
Guaranteed stop loss i
Negative balance protection i
Minimum trade size (FX) i 0.01 lots 0.01 lots
Minimum trade size (stocks) i USD 0 USD 0
Fractional stocks i
Trading compliance
Scalping strategies allowed i
Hedging strategies allowed i
Automated trading strategy allowed i
EAs use allowed i
HFT strategy allowed i
VPS use allowed i
API use allowed i
Price scraping allowed i
FIFO rule applies i

Account types

What we compare A comparison of the kinds of account you can open at Oanda and at XTB in , and of who each one is meant for.
9 / 12

Oanda is better than XTB for CFD/FX account types, given that Oanda offers an unlimited demo account and a raw spread account, which XTB does not. Oanda and XTB both offer a demo account and a professional traders account.

XTB is better than Oanda for real stock account types, as XTB offers a stock investing account, which Oanda does not. Oanda and XTB both offer a demo account and a corporate account.

Account types
Section score Oanda 53 Best 50 -8 XTB 47 -6 58 Best
Demo account i
Unlimited demo account i
Standard account i
Micro account i
Cent account i
Nano account i
Raw spread account i
ECN account i
Swap-free account i
Islamic account i
Professional traders account i
Fixed spread account i
Spread betting account i
Copy trading account i
Corporate account i
Managed account i
Stock investing account i
Margin investing account i
Savings account i
Retirement account i

Account opening

What we compare A comparison of what it takes to open and fund an account with Oanda and with XTB in .
10 / 12

XTB is better than Oanda for account opening, as XTB offers 3 account base currencies (against Oanda's 1), supports e-wallets, which Oanda does not, and credits deposits faster, within the same day (against Oanda's 2 days). Neither Oanda nor XTB requires a minimum deposit.

Account opening
Section score Oanda 65 -10 65 -10 XTB 75 Best 75 Best
Minimum deposit i USD 0 USD 0
Minimum withdrawal i USD 0 USD 0
Wire transfers i
Credit cards i
Debit cards i
eWallets i PayPal, SkrillAbout this value. This is the ewallets at XTB Limited (Cyprus) (CySEC). It is different at XTB's companies in the EU.
Local payment methods i
Account base currencies i USDAbout this value. This is the account base currencies at OANDA TMS Brokers S.A. (KNF). It is different at Oanda's companies in Australia. EUR, HUF, USDAbout this value. This is the account base currencies at XTB Limited (Cyprus) (CySEC). It is different at XTB's companies in the UK, the UAE and the EU.
Deposit waiting time i up to 2 business days Instant
Withdrawal waiting time i up to 2 business days up to 3 business days
Bonus program i

Customer care

What we compare A comparison of the customer support of Oanda and XTB in , in how it can be reached and how fast it answers.
11 / 12

XTB is better than Oanda for customer care, given that XTB offers customer support in 10 languages (against Oanda's 5), and has a website in 14 languages (against Oanda's 7). Oanda and XTB both offer phone support and live chat.

Customer care
Section score Oanda 46 -16 46 -16 XTB 62 Best 62 Best
Number of languages supported i 7 14
Website languages i German, English, French, Italian, Russian, Spanish, Chinese Arabic, Czech, German, English, French, Hungarian, Italian, Polish, Portuguese, Romanian, Slovenian, Spanish, Turkish, Chinese
Website available in English i
Customer support languages i German, English, Russian, Spanish, Chinese Arabic, Greek, English, French, Italian, Russian, Spanish, Thai, Turkish, Chinese
Customer support in English i
Call back request i
Email support i
Phone support i
Live chat i
Priority customer support i
Dedicated account manager i
Cash sweep i
Stock lending i
Distributes proceeds i
Tax withholding agent i
Tax assistance i

Learning

What we compare A comparison of the educational material that Oanda and XTB provide to their clients in .
12 / 12

XTB is better than Oanda for learning, because XTB offers daily market commentary, which Oanda does not. Both Oanda and XTB offer education for advanced traders and webinars.

Learning
Section score Oanda 80 -8 80 -8 XTB 88 Best 88 Best
Education
Education center i
Education for beginners i
Education for advanced traders i
Webinars i
Tutorials i
Glossary i
Research
Economic calendar i
Traders' sentiment i
Daily market commentary i
Daily trading ideas i
News via social media i
Professional reports i
Watchlist i
Oanda
Open Account 76.6% of retail investor accounts lose money when trading CFDs with this provider.
XTB
Open Account 77% of retail investor accounts lose money when trading CFDs with this provider.
Our verdict

Oanda vs XTB: which one should you choose?

Oanda

CFD/FX Choose Oanda if you want a forex brokerage service with low trading costs and a choice of trading platforms.

Stocks Choose Oanda if you want a share dealing service with futures and retirement accounts.

Open Account 76.6% of retail investor accounts lose money when trading CFDs with this provider.
XTB

CFD/FX Choose XTB if you want a CFD/forex broker with ETFs and micro accounts.

Stocks Choose XTB if you want a stockbroker with micro accounts and a wide choice of markets.

Open Account 77% of retail investor accounts lose money when trading CFDs with this provider.

Other popular comparisons

Below are other head-to-head comparisons that include Oanda or XTB, each scored with the same data and method as this page.

Oanda vs XM Robinhood vs XTB CMC Markets vs Oanda CMC Markets vs XTB Oanda vs Plus500 Saxo vs XTB

Select your language

Offers shown for visitors in: